Influence of Covid-19 on the Solvency of Companies in Bulgaria
Tsvetomir Manolov ()
Additional contact information
Tsvetomir Manolov: University of Economics - Varna, Varna, Bulgaria
Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2021, vol. 10, issue 1, 169-175
Abstract:
The Covid-19 pandemic affected the activities of every company in Bulgaria. As a result, the solvency of many companies deteriorates, both in the short and long term. In this regard, the purpose of this article is to examine how the global pandemic of coronavirus has affected the solvency of companies listed on the stock exchange index BGTR30. The annual financial statements of the companies for 2019 and 2020 have been studied. Given the requirements imposed on them and interest, they arouse among investors, these companies should maintain relatively good values of the solvency ratios.
Keywords: solvency; analysis; Covid-19; Bulgarian Stock Exchange (search for similar items in EconPapers)
JEL-codes: D22 M41 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:
Downloads: (external link)
http://su-varna.org/journal/IJUSV-ESS/2021.10.1/169-175.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:vra:journl:v:10:y:2021:i:1:p:169-175
Access Statistics for this article
More articles in Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series from Union of Scientists - Varna, Economic Sciences Section Contact information at EDIRC.
Bibliographic data for series maintained by Pavel Petrov ().